Atlantic City casino revenue up in April, COVID concerns waning

Atlantic City casino revenue up in April, COVID concerns waning

Atlantic City casinos reported nearly $235.3 million in in April. That's up 24% from 2021 and 13% since 2019. It's the sixth time since November 2021 that monthly land-based gambling revenues collectively reported by the industry were higher than before COVID-19 forced a 107-day shut down in 2020.

Regional tourism is rebounding. The summer season starts later this month.

Hard Rock and Ocean are performing better than before COVID. Borgata Hotel Casino & Spa leads the Atlantic City market by a wide margin. Land-based gambling revenue at Bally’s Atlantic and Resorts Casino Hotel increased in April 2022 compared to April 2019.

Atlantic City casino revenue from in-person gamblers is up 24.2% and 5.4% compared to 2021 and 2019. More than $600 million has been used or is earmarked for projects all across the city. Several casinos are debuting renovated hotel rooms, updated gaming floors, and new restaurants and entertainment this summer.

"We see the continuation of an overall pattern of recovery for Atlantic City's casino operators," says Jane Bokunewicz, faculty director of Stockon University's Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism.

Atlantic City casino revenue up in April. The return of warmer weather and the promise of a solid summer tourism season are good for business.

Online gambling, sports betting and Atlantic City casinos brought in $386.8 million in April. Last month's total gaming revenue increased 20.7% year over year. In April, more than $863 million were bets placed online or via a mobile app.

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